Moroccan pharmaceutical group Sothema is accelerating its pan-African expansion, buoyed by record financial results and a historic first half, as the company reshapes its industrial model, according to Jeune Afrique. In half a century of existence, the flagship of Morocco’s pharmaceutical industry has never posted such strong performance, closing a record year with 3.5 billion […]
India’s Samta Metals & Alloys, a subsidiary of the Indian Samta Group, is building an aluminum & copper recycling plant in the Atlantic Free Zone, located in the city of Kenitra, Morocco. An investment of $70 million will be injected in this eco-friendly factory to be built over a 36,600-sq-m area. It is expected to […]
Five oil fields in Libya have been reportedly closed down for low production and security reasons as IS attacks on the installations are looming. Four oil fields were closed down while workers at the fifth went on strike demanding better security protection, reported the media on Monday quoting military sources. “Four oilfields were evacuated in […]
